Hilltone Software balance sheet is weak and might have solvency issues

Yes, The net debt of Hilltone Software is increasing.
Latest net debt of Hilltone Software is -₹0.7 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹1.83 Crs.

No, profit is decreasing.
The profit of Hilltone Software is -₹1.26 Crs for TTM, -₹0.16 Crs for Mar 2025 and ₹0.51 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Hilltone Software latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress